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Powerwave Campaign Expanded in the Kingdom of Saudi Arabia

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EDMONTON, Alberta, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Wavefront Technology Solutions Inc. (Wavefront or the Company) (TSX-V:WEE) (OTCQX:WFTSF), a global leader in the advancement of fluid injection technology for oil and gas well stimulation and Improved/Enhanced oil ("IOR/EOR") recovery is pleased to announce that its marketing partner in the Kingdom of Saudi Arabia has advised Wavefront that an additional 50 Powerwave Odyssey Custom Stimulation (POCS) programs are slated to be added to the campaign that started with seven wells.

The original seven well POCS campaign had an approximate value of US $250,000. It is anticipated that the back-to-back execution of the POCS campaign will continue until all anticipated wells from this single production asset are completed.

"We are extremely pleased and very excited to have the confidence of the end user who has entrusted Wavefront to provide its industry altering POCS approach to oil and gas well stimulation," said Wavefront President and CEO, Brett Davidson.

ON BEHALF OF THE BOARD OF DIRECTORS

WAVEFRONT TECHNOLOGY SOLUTIONS INC.

"D. Brad Paterson" (signed)

D. Brad Paterson, CFO & Director

About Wavefront:

Wavefront is a technology based world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and on the OTCQX under the symbol WFTSF. The Company's website is www.onthewavefront.com.

For further information please contact:

D. Brad Paterson, CFO at 780-486-2222 or write to us at investor.info@onthewavefront.com

Cautionary Disclaimer – Forward Looking Statement

Certain statements contained herein regarding Wavefront and its operations constitute "forward-looking statements" within the meaning of Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. All statements that are not historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or expectations or future performance, are "forward-looking statements". In some cases, forward-looking statements can be identified by terminology such as ‘‘may'', ‘‘will'', ‘‘should'', ‘‘expect'', ‘‘plan'', ‘‘anticipate'', ‘‘believe'', ‘‘estimate'', ‘‘predict'', ‘‘potential'', "believe", ‘‘continue'' or the negative of these terms or other comparable terminology.  We caution that such "forward-looking statements" involve known and unknown risks and uncertainties that could cause actual results and future events to differ materially from those anticipated in such statements.  Such factors include fluctuations in the acceptance rates of Wavefront's Powerwave and Primawave Processes, demand for products and services, fluctuations in the market for oil and gas related products and services, the ability of Wavefront to attract and maintain key personnel, technology changes, global political and economic conditions, and other factors that were described in further detail in Wavefront's continuous disclosure filings, available on SEDAR at www.sedar.com.  Wavefront expressly disclaims any obligation to up-date any "forward-looking statements", other than as required by law.

©2018 Wavefront Technology Solutions Inc. All rights reserved.
From Bit To Last Drop™, WaveAxe™, Powerwave™ and Primawave™ are registered trademarks of Wavefront Technology Solutions Inc., or its subsidiaries, or affiliates.

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